United States Existing Home Sales News Event – a possible $140 movement on AUDUSD

Based on the last 12 Existing Home Sales events in United States, we expect a $140 movement on AUDUSD within 2 hours following the event release at 22 Jun 14:00. We expect AUDUSD to trend upwards 2 hours following the event release at 22 Jun 14:00 if the released value is > 5.72M

Historical events that allowed us to draw this conclusion

19 Feb 15:00
22 Jan 15:00
22 Oct 14:00
21 Aug 14:00